profit from every SEK 100 of sales.
AB Volvo (publ)
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay SEK 19.16 for every SEK 1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What AB Volvo (publ) sold, what it kept, and what it did with the cash.
Sales went from SEK 473 billion in 2022 to SEK 479 billion in 2025, with SEK 34.5 billion of profit last year.
AB Volvo (publ) handed back more cash to shareholders than it generated last year.
AB Volvo (publ) vs. similar companies
AB Volvo (publ) grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| AB Volvo (publ) | 19.2× · Fair price | ||
Caterpillar | 31.0× · Expensive | ||
Deere & | 37.1× · Expensive | ||
Paccar | 24.0× · Fair price | ||
Komatsu | 13.0× · Cheap |
AI analysis
An AI analyst reads AB Volvo (publ)'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 473,479 | 552,252 | 526,816 | 479,183 | |
| 111,738 | 149,838 | 144,049 | 116,869 | |
| 49,647 | 80,519 | 69,788 | 49,476 | |
| 67,011 | 89,637 | 90,430 | 71,230 | |
| 32,722 | 49,825 | 50,389 | 34,456 | |
| 16.09 | 24.50 | 24.78 | 16.94 | |
| 23.6% | 27.1% | 27.3% | 24.4% | |
| 10.5% | 14.6% | 13.2% | 10.3% | |
| 6.9% | 9.0% | 9.6% | 7.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 629,064 | 674,068 | 714,564 | 648,590 |
| Cash | 67,086 | 73,526 | 73,271 | 64,761 |
| Total debt | 205,047 | 233,516 | 258,851 | 247,001 |
| Total liabilities | 462,829 | 493,329 | 517,203 | 470,112 |
| 162,716 | 177,791 | 194,049 | 178,395 | |
| 2,033 | 2,033 | 2,033 | 2,033 | |
| 10.0% | 13.2% | 12.1% | 9.2% | |
| 20.1% | 28.0% | 26.0% | 19.3% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 33,244 | 21,396 | 46,444 | 45,595 | |
| 25,846 | 18,398 | 18,385 | 26,130 | |
| 7,398 | 2,998 | 28,059 | 19,465 | |
| Dividends paid | 26,435 | 28,468 | 36,602 | 37,619 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 19.2×
- –
- 11.07
- 3.5×
- 1.4×
- 33.9×
- 11.8×
- 2.9%
- 5.2%
- 5.7%
Profitability
- 24.4%
- 10.3%
- 7.2%
- –
- 9.2%
- 11.1%
- –
- –
- –
- –
Growth
- +0.4%
- +1.7%
- –
- –
- +0.0%
Financial health
- 2.6×
- 1.38
- –
- 26.9×
- 1.15
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
109.2% of its profit
Room to growStretchedMore than it earns: 193.3%
News
Volvo's dismal Q3 results lead to more job cuts, business consolidationSeeking Alpha · Oct 23, 2026Volvo Cars swings to Q3 loss as revenue falls 22.6% Y/YSeeking Alpha · Oct 23, 2026Volvo Group Q3 earnings rise as truck deliveries increase 11%, lifts India and China estimatesSeeking Alpha · Oct 23, 2026Volvo names Klaus Zellmer as next CEO amid turnaround pushSeeking Alpha · Sep 20, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about AB Volvo (publ)
Is AB Volvo (publ) a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the AB Volvo (publ) AI analysis
What does AB Volvo (publ) do?
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. It is in Farm & Heavy Construction Machinery, based in Gothenburg, Sweden, with 89,299 employees.
Does AB Volvo (publ) pay a dividend?
Yes. At today's price the dividend is 5.7% a year, about 109% of its yearly profit. In 2025 it paid out SEK 37.6 billion in dividends.
Is AB Volvo (publ) stock halal?
No. AB Volvo (publ) does not pass our halal screen: its debt is 37% of its market value, at or above the 33% limit. How we check
How has AB Volvo (publ) stock done over the past year?
Up 9.7% over the past twelve months, to SEK 324.60. It traded between SEK 287.00 and SEK 371.20 and is 12.6% below its high.
Who are AB Volvo (publ)'s competitors?
The largest listed companies in the same industry are Caterpillar, Deere &, Paccar and Komatsu. The peers table on this page compares their profit, growth and price with AB Volvo (publ)'s.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



